0
Yes. The UK has a single monetary system, including Northern Ireland - pound sterling. Although the actual money may be produced by different banks, pounds sterling is legal tender anywhere within the UK. Difficulties tend to arise when using Scottish notes in England (or Irish Notes in mainland UK countries) as individual retailers can be inaccurate about whether it is legal currency or not. Part of this problem is because there are a number of Scottish Banks that can issue legal tender (the same applies to Northern Ireland) such as The Bank of Scotland, Royal Bank of Scotland, etc. and some people are unfamiliar with their notes as their design can vary considerably. In England only the Bank of England issues legal tender, as a result everyone is familiar with it throughout the UK and tend to accept it without issue. All the above only applies to paper notes as all the coins are identical.
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
What is Scotland's money currency?
Scotland uses the Brittish Pound as its currency.
Does Scotland use the pound or the Euro for currency?
Scotland uses the UK pound. The "pound Scots" was Scotland's currency prior to their union with the Kingdom of England in 1707.
What is englands money called?
England uses the British pound as its currency.
What is the Monetary Unit of Scotland?
Scotland is part of the UK and as such uses British currency. The currency of the UK is the Pound.
What currency does Scotland use in 2011?
the pound
What was Scotland currency before the euro?
Scotland uses pound sterling
What kind of currency does Scotland use?
The currency of Scotland is British Pounds Sterling. The three Scottish commercial banks are licensed to print their own notes but Bank of England banknotes are also legal tender north of the border.
What is englands curreny called?
The currency of the United Kingdom (which includes England) is the Pound Sterling. (£) (GBP)
What was the currency of Scotland in 1041?
Before the union of the parliament's in 1707, the currency of Scotland was the scottish pund, Scots for pound.
What was Scotland's currency in 2008?
Pound sterling (GBP).
What is the national currency of Glasgow Scotland?
Glasgow, Scotland uses the Pound Sterling or GBP. This is used throughout the UK.
What is englands currency made of?
England's currency is the pound. A pound is made up of 100 pennies. There are coins of different amounts:1p,2p,5p,10p,20p,50p,£1, and £2.
